Thanks as always for making GoldSilver.com your bullion dealer.

@freedom4all581

2 ай бұрын

Gold is and always will be the monetary system. Just because they put a new name over it and inflate it to Infinity does not change that fact

@freedom4all581

2 ай бұрын

And don't forget they had to destroy silver before they could attack gold

I’m 78, when I was in college at Cleveland State University and McDonalds opened a store at 105th and Euclid Avenue, we used to go there when they were closing, and order a hamburger, fries and a soda. The people behind the counter would fill our bags with all the food they were going to have to throw away. We sometimes got 8 or more bags of fries. Sometimes they would have a lot of hamburgers or cheeseburgers and they were in the bag too. All that for less than $.50!

@thegreatfomo

2 ай бұрын

How have people that have lived in this ponzi and watched prices exponentially rise for 70-80 years not panicked out of the currency decades ago? I've only been alive for many less years and i've panicked out of the currency already.

@Enfield2A

2 ай бұрын

@@thegreatfomo The answer is Somma - given in discreet amounts with each Federal Reserve note administered.

@aarondramitinos5622

2 ай бұрын

What was your weekly wage out of curiosity

@kevinw9073

2 ай бұрын

Yes, I went to CSU and know what you were talking about. I worked at the McD's in Berea which is still there! Worked for $2.10 an hour! Times have changed!

@ronfesta771

2 ай бұрын

Me thinketh they were probably happy to eliminate the garbage because there was no need to., pay a surcharge to dispose of this........toxic material!@!?😜😝🤪🤣🤣

Not only has the price of McDonald's gone up, the amount of actual food inside of what they serve you has gone down just as bad

@TheWizardofOdds-ut2bx

2 ай бұрын

I suppose you can call it food

time for them to close the doors worst food we could eat.

@keehotee1357

2 ай бұрын

Absolute poison. Calling it food is being charitable.

@thegreatfomo

2 ай бұрын

100%. They might not be the cause of the money creation but they sure haven't done anything to stop it over the past 40 years and actively encouraged it so fast food restaurants are all just as guilty.

@user-io9ec7he4z

2 ай бұрын

How can you possibly expect any corporate fast food giant to stop the money "printing" done by a central bank?!? Seriously..? lol @@thegreatfomo

@thegreatfomo

2 ай бұрын

I wouldn't expect any of them to, they all benefited greatly from the money printing. Probably sent lobbyists to DC monthly just to ensure the money printing never stops. @@user-io9ec7he4z

The problem isn’t holding gold vs dollars. The problem is that income priced in gold is collapsing.

@ace9840

2 ай бұрын

Yup. Ever since they took the dollar off the gold standard.

@utube7917

2 ай бұрын

No. - Gold is money and is a store of value long term. - Currency like the dollar is not store value long term. - Your income, priced in either, is just a trade. At the time of the trade it is worth more. - The problem is NOT any particular trade, but what happens after the trade, over time. - The problem IS that without sound money, the value after a trade is diminished over time.

@wiszen5496

2 ай бұрын

Word

@wiszen5496

2 ай бұрын

@@ace9840ever since 9/11 until then it was Max manipulation…. 10 oz for one paycheck instead of 3-4 historical average

@wiszen5496

2 ай бұрын

@@ace9840also see the Dow gold ratio maximum from 2001

When looking at the debt clock, there is a space that shows a us dollar to silver price ratio. Mike, is this the true price of silver? If so why is it only going for $23 today?

Great presentation, Alan. I wish high schoolers were learning this!

@ace9840

2 ай бұрын

Agree .. They never teach economic history in schools. If they did you wouldn’t have seen so many get strapped down with college debt before they even get started in life.

Soylent Green❤

@andylabardy242

2 ай бұрын

They hide the truth in plain sight, yo.................SMH

Hello from Canada. My father and I went to McDonald's last year and it cost us about $35 for 2 burger combos. Nothing fancy, just a couple 1/4 pounders I believe. My dad was shocked, but I was expecting that. I keep telling that $100 is the new $10.

At 50 yo I've seen the cost of everything rise ridiculously.... Smh

@contrariandealer3466

2 ай бұрын

So you’ve witnessed the theft of a generation’s wealth and opportunity to prosper.

The FED's (a private corporation) only business product IS inflation of the currency. The US's biggest export is the debt. Too good of a gig for either to give up until it doesn't work anymore.

I dropped McDonalds 2 decades ago. When I learned exactly what junk food meant and refused to give my kids the nutritive value of their food. .99 kid burgers be damned . At least we have one great side effect of inflation. Less junk food being consumed

@mechanicsoffreedom

2 ай бұрын

Exactly, it's a concoction of chemicals masquerading as food. 17 ingredients in just the French fries for example. There's no way I would consume that garbage knowing what I know now.

Awesome show! Great job Alan 👍

I usually order a fish sandwich combo. When I opened the cover, I thought I was getting a White Castle mini, it looked so small.

@ace9840

2 ай бұрын

Plus you only get a half a slice of cheese anymore.

@jean-louislalonde6070

2 ай бұрын

Shrinkflation...

Thanks Mike!

Brilliant video, Mike and Alan. Really enjoyed the charts and your commentary in this one

Big Mac Meal in Chicago is $11.69, Big Mac itself is $7.29

@laydownlays

2 ай бұрын

a Big Mac is $6.28 here in sunny England....

@IndianOutlaw1870

2 ай бұрын

A Big Mac was $4.49 two years ago where I live. Serious inflation.

Great video as always Thanks!!

Hey Mike, Thanks for leaving the comments open. I'm a big PMs fan and was recently on David Morgan's channel. I was going to comment we might all be dead before silver does anything but he has his comments off. It's good to see both the good and the bad comments, IMO.

Excellent points! As you pointed out in an earlier video, consumer prices have risen slower than producer prices, meaning that retailers are not passing costs on to consumers immediately! Currency creation is a stealth tax not so hidden anymore!

ive only been able to buy one ounce of gold though being on minimum wage i have mostly silver

Nice work boys!!!!!

I'm from the UK,but saw a clip on Utube,that a politician in CA calling for the minimum wage to be $50 per hour.

cant wait to see it

This also exposes the CPI(CP LIe) as prices are up more than 6.29 times since 1971. I'd like to see same chart with the 1980 CPI measurement from Shadow stats added in starting in 1981! That would be REALLY Dramatic!

Calling Mcdonalds food akin to calling currency Money!!

In 1981 I went too McDonals and use to get the 6 to 1 deal was six hamburgers for a dollar.

yep

Grocery prices down.. hmmm

🤮 and lets also say the bigmac is since 2006 full of G.M.O and have NOTHING to do with the good tasty Bürgers from 80s 90s

@IndianOutlaw1870

2 ай бұрын

They were even better in the 1960s/70s.

I visited the US in 1980 and eat at a McDonald, it was impressive, clean, well run and the food was good. I then returned to visit the biggest McDonalds (Florida) in 2000 telling my children to expect a treat in comparison to the McDonalds in the UK. This was a shock, the resteraunt was poorly run with two workers having a heated argument and delaying service to everybody's discontent.

Why is Silver still so cheap then???? Criminal manipulation by the Crimex, oops sorry I meant Comex.

Can we access the charts you produced? Great job, really interesting.

McDonalds isnt even real food if it doesn't decompose.

Inflation affects everything in an instant BUT..... PMs

The expansion of the currency supply compared with the gold supply prior to 1971 is would forced the US to move off the gold standard.

Meanwhile...I can still buy silver at the price I was paying over a decade ago....silver is a nightmare.

Can't find the combe but a Big Mac is $6.28 here in sunny England....

Gives new meaning to "I'll gladly pay you Tuesday for a hamburger today."

Explain to me why mining companies can't make money even in the most favorable of times. Is there any scenario where mining companies start to make money?

1st time I ate @ McDonald's was 1962. It was cheap and delicious back in the day.

What about other forms of appreciating assets compared to gold ?

I'm 62 . I remember my dad taking us there in the early 60's and commented on the price of the hamburger. It was .5 cents

@josephpurdy8390

2 ай бұрын

A competitive price for that period of time? When compared to other restraunts in the local area.

@chinaboss6683

2 ай бұрын

Where? San Bernadino?

last time i was eating at McDonalds.... I ordered though a kios paid by card, my table was still dirty, it took 20 minitues for my food to come, and the ketchup was empty at the station area. the burgar was covered in salt also... the fries are also fried with poloyunsatrated fats instead of tallow like it was back in the old days.

I wish you'd provide a link where I could copy and paste these charts you show.

@drip369

2 ай бұрын

They often tell you where they get them from, besides they put links in the description of the video

More interesting if you compared the graph of price measured in grams of gold for a carpet burger meal but also in International currency. In Australia the price of gold is much higher growth than USD due to deflation in purchace power.

Could someone enlighten me as to why KZread channels feel the need to post an announcement that they have a video coming up??? Not picking on this channel because almost all do it. I get around a dozen everyday and i go through my feed deleting them to ease the congestion.

@greg_austin

2 ай бұрын

Appears corporatism is ALWAYS about making a big deal about everything EXCEPT things that are truly a big deal.

@greg_austin

2 ай бұрын

"Upcoming video coming. It's a video. It's coming. Better get prepared." KZread, the source of information.

You make a good point that gold is actually paying a relative dividend due to the supply of M2. I would be interested in some comments on gold leasing. Monetary Metals is a leasing gold, but it's hard to get past the idea of security. I believe you said "If you can't hold it you don't own it". I have the same insecurities about Gold Silver's "Instavault". Perhaps you could discuss the pros and cons of both leasing and vaulting.

Now if I go ...,. Like maybe once a year , it's 20 dollars for a burger, fries , shake . That is if nothing else extremely noticeable.

It depends on the currency when Gold hits 100,000 an ounce. A lot of currencies have already pass that point.

$18 is about right if you measure in the value of Silver coinage.

Not to mention the patties are now as thin as a slice of ham. All bun and very little burger. They've sliced one into 2. Get a cheeseburger and a chicken mayo and put them together. Half the price and much tastier if thats your thing.

I wish that guy would not interrupt the presenter. This could have been a good presentation.

@mrmjg20

2 ай бұрын

I like a nice Sugar Maple😋

Large order of fries $4.29 in PGH PA..

At 14:22 Price & Value will be divergent in BTC. For Gold - no divergence.

Alan, maybe you could do a study between prices in gold miners and the price of gold. What I mean is, BEFORE the dollar was being printed into oblivion, that was when the gold miners seemed to go up in value first before gold. Because their costs of mining it were not going up exponentially like today. Now, it seems like there's a point where the miners will not be able to extract gold at a profit compared to the dollar, so they will have less incentive to mine it eventually. So that might make gold more scarce and it will actually OUTPERFORM the miners instead of the other way around. Get my point? I thought of this, bc clearly the miners are underperforming the actual gold price. And I suspect this is bc their costs of mining are going through the roof.

You know why they call it a Royale with Cheese in Amsterdam?

I recently went into a burger king in nottingham saw the prices and walked right back out. For what they were going to charge me for a burger (£8 for a double whopper if my memory serves me) - no fries or drink I could walk 200 yards to the local kebab/pizza shop and get a 12inch pizza for £8.50!!! No-brainer - I could even get a sit down thai meal for around £15 where the quality is even better! I think these franchises will fast be out of business as people now can't afford to "treat" themselves to these "luxuries". Even though my company pays my expenses Im still very cost and quality conscious.

Interesting. A Big Mac set in Japan is ¥950, which at ¥150/US$ is $6.33. So this suggests that the US$ is massively overvalued in yen terms.

Mike, I’m 20 years old and ran across your KZread channel recently, how would I go about gaining you as a mentor and getting in contact with you? Much appreciated!

I wouldn't eat McDonald's if you paid me

Well isn't prices suppose to double every 35 yrs. Even if inflation was only 2% or am i mistaken?

I spent $24 for philly , fries and onion rings last week!

Important to understand that McD positions itself as part an entertainment industry. They entertain their customers by stuffing them with junk. Therefore, they view movie theaters, streaming video services and computer gaming as competitors, not a Wendy’s around the corner.

How much ShrinkFlation has the Big Mack experienced since its inception?

@bhargi4692

2 ай бұрын

Good question in size and quality

@MyTube4Utoo

2 ай бұрын

So much it should actually be called a 'Mini Mac.'

18.00+ ...

When I was a kid growing up in the 70's and 80's not only were the fast food prices lower, not that it was health food by any means, but you didn't even begin to have the amount of chemicals, GMO's and God knows what else in fast food at that time like today. It was mostly just fat, sugar and salt. Now it's just a over priced chemists concoction combo. 😝

No retirement - Don't ever retire!

$18 costs me 28.5gr of silver coin in UK from EBay 😂

“As grocery prices come down.” - am I the only one bothered by this statement? Maybe it’s just MY grocery store, but they don’t raise and power prices like the spot price of metals...once prices go up in USA, that’s just the new price. Why do mainstream politicians get away with BLATANT lies? “Your groceries ARE cheaper” - because we said so? I’ll be sure to keep you guys updated when they begin LOWERING prices in the my local grocery store. Hasn’t happened yet.

Not much mention of the Big Mac index nowadays, I'm in the UK and McDonalds is no longer a cheap eat but it's still cheaper than the US.

Example of $100 Big Macs in 21 years used assumption that inflation rate would be 10% per year over that span. This is unlikely.

24.5 grams of fine silver for a big mac, small fry, and a small drink. How about I get 2 big macs, 2 small fries, and 2 small drinks for 1 toz of fine silver? Where I live its 28 grams of fine silver for 3 big macs, 3 small fries, and 3 small drinks.

It’s time for no more MCDonalds. Calling McDonalds a restaurant is ridiculous it’s a fast food joint serving unhealthy crap.

Your thumbnail is misleading.. 68 cents was 58 years ago $18 is in a resort very expensive place anyhow and if you're in a resort like that why the hell would you eat a Big Mac anyway

Don't forget that the tax on that $18 is more than the 68 cent original cost, so in effect, you could get the meal for free in 1960 and get change back from your free meal

4 cents for cheese! I'd be bringing my own. lol

“Have you had your break today?” Is McDonald’s slogan it’s a joke 😂😂😂

Uh hemm, it's called Cellulose fiber, not "sawdust"! ;D

Currency is money, just not good money. Sea shells at one point was money, rocks and eagle feathers too. Now bitcoin is money. Anything that's accepted as a medium of exchange is money.

McDonalds is that unaffordable yet their stock is at all time highs?

Without a gold and silver standard thieves control the banking system

Even though McPukes is a good inflationary example, nobody should be eating that crap...........

At 24:00 - Conclusion for pre-Fed = Increase for Productivity & Efficiency. Post Fed = Decreasing Productivity & Efficiency. Ah, Modern Times - with apologies to Charles Chaplin.

Shit. I know shit's bad right now, with all that starving bullshit, and the dust storms, and we are running out of french fries and burrito coverings. But I got a solution.

Just think what it'll cost to go to Applebees, Chilis, etc.....

if fast food is priced out of its customers' range... maybe that's a good thing

My bad I meant .05 cents.

Is a hyperinflation coming ?

@Ben-zv7ph

2 ай бұрын

1 more round of QE, black swan event like c-o-v-i-d. Crash the dollar and bring in digital currency. I'm calling 2027- 2028 just for kicks.

I wonder how long can they keep inflating the dollar until it finally breaks?

Let us NOT forget...McDonalds is "fast food," NOT HEALTHY FOOD! Times are changing. If i stop at McDonald's it is for their coffee! Nothing else.

Minimum wage laws also cause the increase in prices for the consumers

@smo-guiver8315

2 ай бұрын

True, CA just established a minimum wage of $20 per hour for fast-food workers beginning April 1, 2024 and allows the council to increase this wage annually.

Thanks for the wonderful explanation. Gold is preferable to store our wealth over empty fiat currency.

I wonder what would happen if we let the criminals make the laws? Oh my - looks like we already did...

So tell me what I am missing here. All I hear is inflation, inflation, inflation. All I read about is how so many people are struggling, in debt etc etc. I went out to eat Sunday , first time in 3 months and these places are packed. They are all packed. Bars, restaurants , etc etc. I pass 50, 60 , 100000 vehicles all over the place everyday. What gives? How are these people doing it? The supermarkets are packed. My co workers are jetting off to Hawaii Friday. I have no debt.I buy Gold , silver and save monthly but wtf?

23:28

IDK Mike, I'm not sure you can say that they aren't trying to price gouge us. I say that bc, right down the street there is a Circle K store and they sell pretty much the same Sausage Muffins as McD's Sausage McMuffin. I can get TWO for 5 bucks there, which is $2.50 each. They don't have hashbrowns, but they do have better coffee. So that means McD's is charging me $6 for a hashbrown and coffee. And both of those combined probably cost them 50 cents. So at the current prices, there margins are really high, but I now refuse to pay it. In addition, McD's sandwich shrunk smaller than the one at Circle K! It's not that I can't afford to pay McD's prices, I just refuse to get gouged. Another point: if Circle K is making a profit at $2.50 then that means McD's cost of a breakfast combo is probably around $2 for the sandwich, hashbrown and coffee and they're charging me $8.50!

@brianbecker8382

2 ай бұрын

It probably depends on where you're located. They did give the caveat at the beginning that this may be just a specific McD's or in a certain region with higher costs. There was something in the news recently about McD's prices skyrocketing in California due to the extreme increase in labor cost when the state minimum wage rose.

@brianbecker8382

2 ай бұрын

btw not trying to defend McD's. that stuff is trash.

You mean Hyperinflation sir!

Everything is getting cheaper with the bitcoin standard.